Management Flashcards
Define Management
Art of efficiently maintaining and maximizing productivity and function through the optimal direction of job infrastructure and a physical resources, human resources and work culture
- Getting things to run well and potentially get better
Management focus is predominantly on
Human capital and support for success
Human capital is
the greatest asset and expense of an organization
Management competencies
Knowledge of organizational context and environment Human resources management Communicating with impact Know yourself and your performance Organizing team meetings Plan for contingencies/emergencies Manage time and up
Define Manage Up
Clarify roles and expectations
Assist your manager through your job
Define Leadership
Ability to mobilize and inspire others to actions
True measure of leadership is
influence where one person enlists aid and support of others to accomplish a common task
Effectiveness of leadership is determined by
Level of influence and outcomes of decision
Three forms of authority
Traditional authority
Bureaucratic authority
Charismatic authority
Five sources of power
Reward (what can be given) Efferent (charm/appeal) Legitimate (like a king) Expert (knowledge/skill) Coercive (coerce/threaten)
Charateristics of leaders
Articulate a compelling vision for the future
Have passion
Exude integrity
Encourage and develop others
Have curiosity, daring and take calculate risk
Level 5 leaders include
Modest Deep personal will Inspired standards Carefully select technology Get the right people Decide where to go and go there